The New Year gives investors the opportunity to reassess their portfolios, determine their objectives and plan accordingly. Investors often go into a New Year hoping to outperform last year’s returns. Some stocks offer that possibility. While index funds can generate respectable returns, several growth stocks can comfortably exceed index returns and reward long-term investors. With the year still in its early innings, investors have time to jump on board captivating growth stories. These are some of the mus ...

Axcelis Technologies (ACLS) has revised its financial outlook for the fourth quarter of 2023 and reiterated its expectations for 2023. The company is scheduled to report fourth-quarter results on Feb 7, 2024.The company anticipates fourth-quarter revenues to surpass $300 million, exceeding the earlier estimate of approximately $295 million and reiterates its expectation for 2023 revenues to exceed $1.1 billion. Earnings per diluted share for the same quarter are now projected to exceed $2.05, up from the pr ...

Searching for undervalued growth stocks takes a bit of extra work, especially in a market that saw many of them surge in the previous year. However, investors who dig for these stocks and remain invested in the long run can outperform the market. While it’s possible to find undervalued growth stocks within big tech, it’s harder to do so since everyone knows those stocks. Investors who look for smaller companies with less fanfare have the potential to discover undervalued stocks before they become mainstream ...

Investors often gravitate toward growth stocks in the pursuit of maximum returns. While blue-chip stocks offer a safer approach, growth-oriented investments contain more risk but far more upside. Some growth stocks generate more returns in one year than the S&P 500 can muster in five years. When growth stocks gain momentum, they can soar quickly. Some growth stocks look poised to reward investors even more as their respective companies gain more market share and post compelling financials.Investors looking ...

Axcelis Technologies (ACLS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this semiconductor services company have returned -3.7%, compared to the Zacks S&P 500 composite's +3.5% change. During this period, the Zacks Electronics - Manufacturing Machinery industry, which Axcelis falls in, has gained 6.7%. The key question now is: Wha ...

kynnyMy Thesis Axcelis (NASDAQ:ACLS) is a quality company that I believe has a moat in its niche market. It possesses several attributes I consider when researching a company, including high returns on capital, a growing total addressable market, high margins, technological advantage, and a robust balance sheet. I believe that current prices are fair, and buyers today will do well. While it is not a cheap stock, at a fair price, it could still be a good stock to own. Business & Industry Axcelis operates ...

ermingut/iStock via Getty Images The year 2023 was a year of strong gains for most semiconductor stocks, a year after incurring substantial losses in 2022. This happened even though the semiconductor industry itself contracted after years of expansion due to a downturn that has turned out to be deeper and longer lasting than expected heading into 2023. An anticipated return to growth in the industry this year helped, as did the promise of artificial intelligence or AI. However, it was the Federal Reserve th ...

The Nasdaq 100 had a banner year. After a disastrous 2022 that saw the tech-laden index lose one-third of its value, it rebounded sharply in 2023 soaring 55% to hit a new all-time high. Of course, most of those gains were because of the performance of the Magnificent 7 stocks.Since the index is market cap-weighted the relative size of the companies skewed the results. Apple (NASDAQ:AAPL) alone accounts for 9% of the Nasdaq 100 while Microsoft (NASDAQ:MSFT) represents another 8.6%. Together, the seven compan ...

Prestigious Awards Recognize Significant Contributions to National Industrial Development Through Promotion of TradeBEVERLY, Mass., Dec. 21, 2023 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of innovative, high-productivity solutions for the semiconductor industry, announced today that Axcelis Korea, its subsidiary in South Korea, and Axcelis Korea's Country Manager James Park were honored at the 2023 South Korea Trade Day event. The awards were presented by Yoon Suk Yeol, P ...

Axcelis Technologies, Inc. (NASDAQ:ACLS) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Doug Lawson - Executive Vice President, Corporate Marketing and Strategy Russell Low - President and Chief Executive Officer Jamie Coogan - Executive Vice President and Chief Financial Officer Conference Call Participants Charles Shi - Needham & Company David Duley - Steelhead Securities Craig Ellis - B. Riley Securities Mark Miller - The Benchmark Company Jed Dorsheimer - William Blair ...